If the correction is complete the black gold shall be heading down by January 2nd, There are many clusters sitting in the corner that could potentially be the trigger for USOIL going back to mean. one clear example might be roaring Omicron cases across US and EU.
Not a financial advice I could be wrong.
Trade active
Could this be the fall ? I don't know. I'm shorting now.
Order cancelled
Hmm seems the omicron has little to no harm. No lockdowns in the corner . If it did not fall from current prices . We will likely rally to $100.
Note
Usoil
Possibly above 95
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Im giving bearish forecast on more chance. I will short this now. lets hope for the best.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.